Business

FG cuts interest on late tax payments

FG cuts interest on late tax payments

…New rate takes effect October 1…Applies to FG, states, FCT tax authorities By Emma Ujah, Abuja Bureau Chief ABUJA — The Federal Government has reduced the interest rate payable by taxpayers for late settlement of their tax liabilities, with the new regime taking effect from October 1, 2026. Under the new arrangement, interest on tax […]
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Security at Port Harcourt Airport is water tight – Okoye

Security at Port Harcourt Airport is water tight – Okoye

The South-South/South-East regional General Manager, Federal Airports Authority of Nigeria, FAAN, Mrs Ebele Okoye, has assured passengers that the Port Harcourt international airport has adequate security contrary to belief that the airport has porous security. This is coming just as she affirmed that the remodeling of the airport will be completed soon.

Agriculture: Key to Africa’s development

Agriculture: Key to Africa’s development

CHIJI Ojukwu, Director of the AfDB’s Agriculture and Agro Industry Department, reflects on the importance of agriculture as the African Development Bank’s commemoration of the Africa Year of Agriculture and Food Security, began recently in Abidjan.